The atom to usd currency pair is a combination of a popular, promising cryptocurrency and the main reserve currency of the world economy. Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interact with each other.
In turn, the US dollar acts as the primary means of payment for international counterparties and global market players. All significant commodities are also nominated in the official US currency, including oil, natural gas, gold, silver, coffee, etc. First of all, the dollar exchange rate depends on the policy of the US market regulator – the Federal Reserve, which determines the value of money in the economy through a change in the key rate and quantitative easing policies.
ATOM/USD exchange rate from a historical perspective
The ATOM/USD chart demonstrates severe volatility in the short and medium term, potentially allowing investors to capitalize on changes in the value of the cryptocurrency. The maximum value for the last year, the ATOM/USD exchange rate reached in September 2021 at $44.54, and the minimum value was recorded in January 2021, when the ATOM/USD exchange rate was equal to $6.989.
The main factors that affect the ATOM/USD rate are the volatility of the cryptocurrency market and the instability of regulation. The actions of the Chinese authorities against cryptocurrencies led to the fall of most altcoins. Moreover, the lack of clarity on the principle of cryptocurrencies in key markets makes the cryptocurrency exchange rate quite unstable. However, volatility also allows investors to make additional profits.
Why do you need a cryptocurrency exchange?
Recently, the exchange of cryptocurrencies has been a reasonably frequent procedure caused by the fact that the owners of one cryptocurrency want to exchange it for another. There can be many reasons for this, but we will name only the main ones:
-choose the cryptocurrency that is predicted to rise in price the most
– the need to pay for a product or service when the seller accepts only a specific type of cryptocurrency.
In such cases, one has to sell firo cryptocurrency for another. However, this procedure causes concern among many owners.
Advantages of the exchange service
If we talk about the main advantages of exchanging digital currencies through Letsexchange, the following points should be noted:
- ease of registration of the application – any user will understand this procedure;
- high speed of currency exchange – ensured by its automation;
- favorable conversion rates – selected on the best crypto exchanges using modern technology;
- no restrictions on the number of amounts to be exchanged for another currency;
- transaction security guarantee;
- the ability to anonymously exchange assets without registering and providing the exchanger with personal data.
Do not hesitate; any planned transaction will be carried out on the site in question in the best possible way. And the exchange operation itself will take only a few minutes.
Anyone who has any difficulties or questions can contact the support service. It works around the clock, including on weekends. You can safely rely on the practical assistance of competent professionals.